Rug Radio Faces of Web3

Ripple made a significant acquisition attempt for Circle, the company behind the USDC stablecoin. The offer, valued between $4-5 billion, was declined by Circle who considered it below their desired valuation. Key points: - Offer range: $4-5 billion - Target: Circle, USDC issuer - Status: Rejected by Circle - Reason: Perceived undervaluation Full details available in [Decrypt's coverage](https://decrypt.co/317169/ripple-5-b)

**Boop.fun**, created by @dingalingts, launches tomorrow at 10 AM EST with an innovative approach to memecoins. Key features: - Staking mechanism for memecoin holders - 5% of new token supply allocated to stakers - 60% of LP fees distributed to participants - Partnership with @KaitoAI for top 14K user rewards - Airdrop opportunities for active traders Platform aims to introduce sustainable tokenomics to the memecoin ecosystem through staking incentives and user rewards.

- US government signals potential tariff relief for Mexico & Canada, driving major cryptocurrencies up 6-10% - Cantor Fitzgerald CEO Lutnick reveals Trump's upcoming Bitcoin Reserve announcement, with distinct treatment planned for other cryptocurrencies - Reddit co-founder expresses interest in TikTok acquisition, proposing blockchain integration - AVAX ecosystem sees new token $Blub reach $100M fully diluted valuation at launch - Mexican billionaire Ricardo Salinas moves 70% of portfolio ($3.5B+) into Bitcoin - USDC makes history as Japan's first approved stablecoin

Key developments in the web3 space today: - **Kaito Token Launch**: Successfully debuted with $1.5B fully diluted valuation in early trading - **Virtuals Platform**: Introduced foundation for autonomous agent-based economy, marking a significant step in AI-web3 integration - **Memeland Updates**: Revealed new roadmap featuring MemePay and Meme Strategy initiatives - **Monad Progress**: Testnet now live, featuring Fantasy Top's free-to-play game launch Recent Context: - FTX initiates $1.2B repayment to small claim holders - Charles Schwab establishes Head of Digital Assets role - Michael Saylor's firm plans $2B Bitcoin acquisition [Full details available at LuckyTrader](https://newsletter.luckytrader.com)

Key market updates for December 21, 2024: - $HYPE token reaches $9B market capitalization, continuing its upward trend - Ripple announces $5M XRP donation to Trump's inaugural fund according to Fox - *BlackRock CEO Larry Fink frames crypto as digital gold alternative* - MetaMask expands pilot testing of crypto payment card across US markets This follows recent developments including Bitcoin's new ATH of $106.6k and significant movements in the memecoin sector. MetaMask's payment card expansion signals growing mainstream adoption of crypto payment solutions.